Which Statement Concerning Audit Evidence Is Not Valid

question 19

Multiple Choice

Which statement concerning audit evidence is not valid?

• A) The auditor is seldom convinced beyond all doubt with respect to all aspects of the financial statements being audited.
• B) The auditor performs tests to collect convincing evidence that the financial statements are not misstated.
• C) The auditor weighs the cost of obtaining evidence with its usefulness.
• D) The auditor considers the amount of risk present in deciding the nature and extent of evidence to be collected.

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Definitions:

Stereochemical

Pertaining to the spatial arrangement of atoms in molecules and the effect of this arrangement on their chemical behavior.

Regio-

A prefix used in chemistry to describe the region or position in a molecule where a reaction takes place.

3-Methyl-2-butanol

An organic chemical compound, also known as isopentyl alcohol, used in the manufacture of flavors and perfume.

2-Methyl-2-butanol

An organic compound known as a tertiary alcohol, characterized by a branched five-carbon chain structure.